Then if at the end of whatever time you have agreed upon, if the tenant still has not left, you can get the Execution to move them out.There are programs out there that may assist the low income tenant with first last and security as well as some moving expenses at a new apartment.

And thankfully, by the time I needed to execute on those options and actually complete the purchase of the leased properties, I had developed some private lender relationships that allowed me to complete those 3 transactions and several more thereafter.

(ORES), its Chief Executive Officer and founder Chimene Van Gundy, and salespeople Michael Trofimoff, Santos Kidd, and Maria Tosta for their roles in raising approximately $18.5 million from at least 600 investors through a fraudulent mobile home investment scheme.According to the SEC's complaint, between at least June 2018 and November 2021, Van Gundy, the self-proclaimed "Queen of Mobile Homes," and her company, ORES, raised millions from investors while promising to use the funds to purchase, refurbish, and resell mobile homes.

I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.

You can write anything into an Option agreement and assign it and have the end buyer execute on those terms. 

With 85% equity, maybe you can put all cash in on your next deal and really execute that BRRRR strategy that gives you some cash flow. 

It seems you also imply that the connection to the vender services such as property preservation aided in your execution.

You do your best to purchase wisely, execute a pre-meditated and well researched strategy, and let the compounding effect of time take over. 10 years from now, the purchase price being 5% above or below current market value won't matter.

Knowing that I had a 3-year prepayment penalty, I structured the lease option so that if the option is executed within 3 years, then the tenant buyer pays that fee for me. 

@Collin Schwartz Nicely executed, and well planned.